VP of Product and Digital for mid-sized Banking
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Role details
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Job description
The VP of Product and Digital for mid-sized Banking client will be responsible for defining, delivering, and scaling the Bank’s product and digital strategy across the Bank. This role encompasses leading a team that shapes the strategic direction and capabilities of digital channels and key banking products, ensuring a seamless, customer-centric experience that drives revenue and deposit growth. This person will collaborate with cross-functional teams to create innovative solutions that meet customer needs and elevate the brand Job Responsibilities: Product Oversight
- Own the product roadmap and recommendations for assigned digital products, ensuring alignment with the Bank’s strategic priorities.
- Manage relationships with key digital vendors to ensure functionality is maximized and best-in-class customer experience is delivered.
Product Strategy & Market Analysis
- Define and maintain a clear consumer and commercial deposit product strategy and roadmap covering the full product lifecycle.
- Maintain a clear understanding of market dynamics and client insights to define product trends and inform the product vision and strategy including specific product developments.
Innovation & New Product Development
- Develop new products and product changes iteratively and continuously together with cross-functional team members.
- Explore and research alternative/non-traditional product lines and fintech options with the potential to generate revenue and or deposit growth.
Product Performance & Analytics
- Establish and monitor product performance metrics.
- Partner with key support groups such as Business Intelligence, Finance, Deposit Operations and Client Experience to deploy actionable insights.
- Communicate product insights and updates to senior leadership and key stakeholders, ensuring alignment and support across the organization.
Operational Excellence
- Partner closely with Technology, Operations, CX, and Risk to ensure solutions are executed, secure, compliant, and operationally sound.
- Support product mapping and alignment for potential bank acquisitions.
Leadership & Strategic Support
- Support the 1st SVP of Product and Digital in key strategic decisions and execution.
- Lead a team of product specialists and cover all responsibilities of a manager from hiring, performance management, and skill-based coaching.
Requirements
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Bachelor’s degree.
- Minimum of 7+ years of experience in product management, with a focus on digital channels and customer-facing products.
- Experience working with vendors.
- Proven track record of successfully launching and managing digital products in the e-commerce, or financial services industries.
Preferred Qualifications:
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Higher level education such as a Master’s degree, PHD, or certification is desirable.
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Familiarity/Experience with Agile build methodologies preferred.
Core Competencies/Skills:
- Attention to detail and ability to manage multiple tasks and priorities simultaneously is critical for success.
- Strong analytical skills with the ability to leverage data to drive decisions and product enhancements.
- Exceptional communication and interpersonal skills, with a demonstrated ability to collaborate effectively across teams and levels.
- Familiarity with Product Management, eCommerce, Marketing.
- Passion for building something new, working across boundaries to implement change and helping others succeed.
Skills: Agile Programming Methodologies, Analysis Skills, Banking Services, Business Intelligence, Channel Support, Coaching, Cross-Functional, Customer Experience, Customer Relations, Customer/Client Research, Detail Oriented, Develop and Maintain Customers, Financial Operations, Financial Services, Interpersonal Skills, Leadership, Market Analysis, Multitasking, Performance Analysis, Performance Management, Performance Metrics, Product Development, Product Lifecycle, Product Management, Product Planning, Product Strategy, Product Support, Revenue Growth, Risk, Strategic Planning, Supplier Relationship Management (SRM), Team Lead/Manager, Team Player, Technical Operations, Vendor/Supplier Relations, eCommerce, eCommerce (B2X) Marketing
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